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BYD: Road to Dominance of Electric Vehicle/Transport

BEIJING (Reuters) - Chinese automaker BYD Co Ltd , backed by Warren Buffett's Berkshire Hathaway Inc , on Sunday predicted an up to 91-percent profit increase in the first nine months of the year, as government policies drive green car sales.

The Shenzhen-based company forecast an 83 percent to 91 percent rise in net profit for the first nine months, between 3.6 billion yuan ($539.8 million) to 3.7 billion yuan, according to a stock exchange filing.

For the first half of 2016, BYD reported 2.3 billion yuan in profit, a 384 percent increase year-on-year, on the low end of the company's predicted increase of 382 percent to 425 percent.

BYD, which focuses on making green energy cars and batteries for personal electronics, had reported successive quarters of triple-digit growth since third quarter 2015 after years of favorable government policies finally sparked a boom in sales of full electric cars and plug-in hybrids.

Berkshire Hathaway's stake in BYD fell to 8.25 percent from 9.1 percent previously after a share sale in July in which South Korea's Samsung Electronics Co Ltd and other investors bought a stake in the Chinese automaker.

BYD's board recommended an interim cash dividend of 0.367 yuan per share, according to the filing.

http://www.businessinsider.com/r-ch...cent-profit-rise-for-first-nine-months-2016-8

@cnleio , you guys have been doing a hell of a job out there!

:partay:
 
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First BYD Pure Electric Bus to Run on Singapore Roads

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Currently, Singapore’s public bus market uses buses with internal combustion engines fueled by diesel. The 6-month-long trial will see BYD’s k9 bus – which runs fully on electricity – introduced into Go Ahead SG’s bus services operating from Loyang Depot. Other than Singapore, BYD had also partnered Go Ahead in the UK, where one of their pure electric buses successfully operated for two and a half years. BYD pure electric buses and taxis also operate in over 200 cities, including Los Angeles, Kyoto and Kuala Lumpur to help cities reduce carbon emissions and offer quieter and more comfortable ride for residents.

Liu Xueliang, general manager of BYD Asia Pacific Region said, “Working with LTA, Smart Group and Go-Ahead, it’s a great honor for BYD to bring the first pure electric bus to Singapore. Electric buses have the potential to reduce carbon emission and improve air quality for a better living environment. BYD is committed to providing green and sustainable comprehensive ground transportation including e-buses, e-taxis, e-vans, as well as e-trucks etc.”

Dr. Bhupendra Kumar Modi, founder of the Smart Group said, “Our ultimate aim to provide affordable and pollution-free transport to Singapore. It is therefore important that we provide the operator and authority with a first-class product and support network.”

According to findings published in the E-Mobility Technology Roadmap for Singapore, fleet vehicles such as public buses and taxis offer the biggest potential for electrification. Presently, there are nearly 18,000 public and private buses in service on Singapore’s roads, representing about 2 percent of the existing vehicle population. With an average of 227km travelled daily on roads, buses are the second highest daily utilised fleet vehicles in operation. This is especially so for public buses, which run about 18 hours and travel an estimated peak of 250km each day.

BYD’s 6-month trial will look into the challenges of whether an electric bus can meet the full-day operational demands of a conventional public bus, without compromising on reliability and serviceability, in a local environment. It is also part of Singapore’s EV Phase 2 Test-bed co-led by the Land Transport Authority (LTA) and Economic Development Board (EDB), which is aimed at exploring fleet-based operations such as EV car-sharing, electric buses and electric taxi fleets. The k9 bus, which is 12metres-long, has an 80-passenger capacity and is wheelchair accessible. The bus uses the company’s proprietary long-cycle, fire-safe, non-toxic iron-phosphate battery with in-wheel hub motors and regenerative braking. The bus takes five or ten hours to fully charge from zero to one hundred per cent. It has a 250km range, which is sufficient for a full day of service. The bus is built according to local buses requirements.

BYD will implement the necessary charging infrastructure to support its operation within Loyang bus depot. Its charging standard is compliant with the International Electrotechnical Commission (IEC) Type 2 standard, and is aligned with Singapore’s national public charging standard for new EV charging stations, and allows for normal and semi-fast charging of EVs.


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This is not green at all, 86 percent of Australia's electricity is generated from these fuels types, with 73 percent from coal and 13 percent from natural gas. Around the world it's much the same, with fossil fuels being used for electricity, heating and powering vehicles. If these vehicles were being powered by electricity generated by renewable energy source than these can be claimed as carbon neutral.
 
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BYD's EVs set to green Singapore

BYD e6 fleet in Singapore [Photo/China.org.cn]
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China's major electric vehicle or EV producer BYD Co Ltd is targeting Singapore to sell buses and taxis. It is relying on its time-tested overseas expansion strategy for the foray.

Promotion of electric vehicles for local public transport systems, and then localization involving establishment of research and development centers or assembly lines-they constitute BYD's strategy to enter a foreign market.

The carmaker announced on Aug 8 that it would conduct trials of its pure electric bus K9 in Singapore from this month. The six-month trials will see the K9 being introduced into Go Ahead SG's bus services operating from Loyang Depot.

The trials will look into the challenges of whether an electric bus can meet the full-day operational demands of a conventional public bus, without compromising on reliability and serviceability, in a local environment.

It is also part of Singapore's EV Phase 2 Test, a trial program of the Land Transport Authority and the Economic Development Board to research and develop EVs.

The program is aimed at exploring fleet-based operations such as electric car-sharing, electric buses and electric taxi fleets, and assessing whether they are viable for Singapore's land transport network.

"BYD is committed to providing green and sustainable comprehensive ground transportation including e-buses, e-taxis, e-vans, as well as e-trucks," said Liu Xueliang, BYD's general manager for the Asia-Pacific region.

Currently, Singapore uses buses with internal combustion engines fueled by diesel. There are about 18,000 public and private buses in service in Singapore, accounting for about 2 percent of the total vehicles on the country's road.

Last month, BYD also signed a purchasing contract of 100 units of e6 pure electric crossover sedans with a local taxi firm HDT Singapore Taxi Pte Ltd, marking BYD's first fully electric taxi operation in Southeast Asia. HDT will begin its e6 taxi service in the first week of September, with all 100 units being progressively introduced until the first quarter of 2017, the e-carmaker said.

HDT has been operating a private-hire service with an existing fleet of 30 BYD e6 units since 2014, which will continue to provide on-call and leasing services.


This is not green at all, 86 percent of Australia's electricity is generated from these fuels types, with 73 percent from coal and 13 percent from natural gas. Around the world it's much the same, with fossil fuels being used for electricity, heating and powering vehicles. If these vehicles were being powered by electricity generated by renewable energy source than these can be claimed as carbon neutral.
Even powered by electricity generated by coal, still, it's better.
And it's cheaper in the long run though the bus itself is more expensive.
 
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Even powered by electricity generated by coal, still, it's better.
And it's cheaper in the long run though the bus itself is more expensive.

It's a step in right direction, no doubt, but it cannot be claimed as carbon neutral.
 
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BYD launches Europe's largest all electric bus fleet in London
China Daily, September 10, 2016

Chinese automotive manufacturer BYD officially launched 51 new single decker electric buses on Friday, which it said would be Europe's biggest all-electric bus fleet so far, saving London 700 metric tons of CO2 emissions a year.

The new fleet was launched after BYD's initial supply of two electric buses to London three years ago proved a success in reliability and consistency in running a 16-hour shift without a recharge being necessary.

London's deputy mayor Val Shawcross, who looks after the city's transport, attended the launch ceremony.

The 51 buses will be operated by London bus operator Go Ahead from its Waterloo garage, servicing two Transport for London routes - 507, which connects Waterloo with Victoria, and 521linking Waterloo and London Bridge.

When BYD supplied the single decker buses to Go Ahead three years ago, it also helped Go Ahead with installing the charging stations.

Apart from the single decker buses, BYD is testing the world's first pure electric double decker fleet of five buses in partnership with London bus operator Metroline.

BYD's initiative also highlights the green vehicles China is developing and expanding internationally.
 
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BYD launches Europe's largest all electric bus fleet in London
China Daily, September 10, 2016

Chinese automotive manufacturer BYD officially launched 51 new single decker electric buses on Friday, which it said would be Europe's biggest all-electric bus fleet so far, saving London 700 metric tons of CO2 emissions a year.

The new fleet was launched after BYD's initial supply of two electric buses to London three years ago proved a success in reliability and consistency in running a 16-hour shift without a recharge being necessary.

London's deputy mayor Val Shawcross, who looks after the city's transport, attended the launch ceremony.

The 51 buses will be operated by London bus operator Go Ahead from its Waterloo garage, servicing two Transport for London routes - 507, which connects Waterloo with Victoria, and 521linking Waterloo and London Bridge.

When BYD supplied the single decker buses to Go Ahead three years ago, it also helped Go Ahead with installing the charging stations.

Apart from the single decker buses, BYD is testing the world's first pure electric double decker fleet of five buses in partnership with London bus operator Metroline.

BYD's initiative also highlights the green vehicles China is developing and expanding internationally.
Great news for them
 
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BYD Doubles EV Sales In August, Sets New Record Of 10,545 Sold
2 days ago byMark Kane25Comments


BYD plug-in electric car sales in China – August 2016

Once again BYD continued its strong EV sales pace in China, and again doubles its year-over-year plug-in electric car results.
For August, the10,545electric vehicles sold by the company was another best ever result, and was also the third consecutive month BYD finished above the 10,000 mark.

With more than63,500sales so far this year, BYD has already exceeded the nearly 59,000 it sold in 2015.

With August’s result, BYD continues to own about 1/3rd of the EV market in China this year.

Of note (because everyone has a keen interest in what Tesla is up to), the Model S was the best selling imported plug-in for China in August with 559 sold, bring the 2016 total to 3,711 cars, while the Model X finally arrived in some volume, selling 150 copies.

BYD August sales breakdown:

  • Qin– 3,106
  • Tang– 2,502
  • e5– 1,961
  • e6 –1,512
  • Qin EV300– 1,464

BYD plug-in electric car sales in China – August 2016
Global EV sales - BYD still number one by far.

us fleet in Calif. hops aboard wireless charging
Cost savings offset hefty price of coils

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Antelope Valley Transit Authority buses top up with power by stopping over an electromagnetic coil.

Electric buses operated by the Antelope Valley Transit Authority will soon be topping up with power simply by stopping over an electromagnetic coil at the local transit center in Lancaster, Calif.

Two 50-kilowatt coils, costing $350,000 apiece, have been installed and are being tested. Once they go into regular operation at the end of this month, they'll add about five miles of charge in 10 minutes, more than enough to keep the buses topped up as they go out on their routes and return periodically to the transit center.

"That five to 10 minutes of charge over and over will give them the range to go even their longest routes," says Zachary Kahn, director of government affairs, North America, for BYD Heavy Industries, the Chinese company that builds Antelope Valley Transit Authority's electric buses.

But the authority's not stopping there. It also bought 11 coils at 250 kWs apiece, good for 25 miles additional range in 10 minutes. The package includes vehicle adapters from Wireless Advanced Vehicle Electrification Inc. of Salt Lake City.

While auto manufacturers are just getting into wireless charging, other industries are already there. Aside from buses, wireless charging also can work for delivery trucks and service vehicles such as forklifts that operate over fixed routes where they can top up with power frequently.

"We want to be all electric by 2018," says Len Engel, executive director of Antelope Valley Transit Authority, whose service area covers a number of communities in the California desert north of Los Angeles. The authority has an added incentive for going all electric -- local jobs. BYD builds the electric buses in Lancaster at a factory that employs about 300.

Engel acknowledges that $350,000 is a lot of money for the coils, but he says it's worth it. That's because electric buses cost $1.20 a mile less to operate than the older diesel buses in the fleet.

The savings mounts up quickly on the authority's buses, some of which travel over 200 miles a day on their routes.

Says Engel: "We make it up in operating costs. We make it up in maintenance costs. A typical diesel bus will go through a couple of transmissions in its lifetime. These buses don't' have transmissions."

Continual "opportunistic charging," in which vehicles stop and take on power in short intervals, means transit authorities can buy buses with smaller batteries, says Michael Masquelier, CEO of Wireless Advanced Vehicle Electrification.

"That's our business model. By having high-power charging, you can have less battery," he says. "It reduces the weight and the cost. The size of battery pack you purchase is lower."

You can reach Bradford Wernle atbwernle@crain.com

http://insideevs.com/byd-doubles-ev-sales-in-august-sets-new-record-of-10545-sold/
http://www.autonews.com/article/20161003/OEM05/310039990/-1
 
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